Wednesday, January 25, 2012

The Landmark Hotel's Creditors, Owed $17 Million, Get to Vote on New Developer's Offer of $2.8 Million to Buy Failed Hotel Out of Bankruptcy

With a deal that gives new meaning to the term "pennies on the dollar," what are the odds that the Landmark Hotel is going to come to fruition?  There's something of a hotel-building boomlet coming in Charlottesville, but this blog remains dubious that the eyesore that is The Landmark will be part of it.  Photo by Dave McNair/The Hook.

No comments: